Manchester-based Revnu, an AI platform that helps businesses find new customers and build their sales pipelines, has raised €2.6 million ($3 million) in funding.
The company will use the new funding to grow its team, expand its business in the UK and US, and enter more international markets.
The funding round was led by NPIF II – PXN Equity Finance, managed by PXN Ventures through the Northern Powerhouse Investment Fund II. Y Combinator also participated in the round.
George Jefferson, CEO of Revnu, says: “AI has made it easier than ever to start a business, but the real challenge arises when it comes to growing them. There’s a general understanding about what’s needed: more outbound, trying LinkedIn ads and testing more. But many simply don’t have the time to run this activity themselves, nor have the budget to hire a dedicated growth team.
“Revnu removes this stumbling block. It tests every channel, finds what works for that business, scales what wins and gets rid of what doesn’t – all while keeping the founder in the loop.
“And we’re confident that Manchester is the right place to build this. Y Combinator opened our eyes to the Silicon Valley ecosystem in a very positive way, but San Francisco wasn’t the place to build for us. The talent coming out of UK universities right now is amazing. In fact, our first hire is already moving up from London to Manchester to join us.”
Stefano Smith, Senior Investment Associate at PXN Ventures, adds: “We knew George and Art prior to Y Combinator from their participation in hackathons and contribution to student accelerators. The pair immediately stood out as ambitious, driven young founders with strong technical expertise. When combined with our high conviction thesis on the new world of growth marketing, backing Revnu was an easy decision. NPIF II was created to invest in founders exactly like George and Art, and we’re proud to support them in their growth journey.”
Founded in 2026, Revnu was started by George Jefferson and Art Freebrey. The two founders first met in secondary school and later went on to start several businesses together while they were still students.
Sue Barnard, Senior Investment Manager at British Business Bank, says: “It’s great to see the Northern Powerhouse Investment Fund II supporting ambitious technology businesses like Revnu as it develops innovative AI-powered solutions and pursues its international growth plans. Manchester has a thriving technology and digital sector, a key sector within the Government’s Industrial Strategy. Through NPIF II, we’re helping inspiring businesses across the North access the finance they need to scale, build and grow in the region.”
The platform helps businesses use AI agents on platforms such as LinkedIn, TikTok, and Instagram. These AI agents can run marketing campaigns, test ads, find potential customers, and book meetings.
Businesses can also set their budgets on Revnu. The platform learns a company’s tone and goals over time and provides regular updates on how the campaigns are performing.
